Did TBT buy SEGS??

jamesfsm · March 27, 2003 8:20AM

Since others have asked with no answer yet, I thought it was fair to post a thread on the sale of SEGS to TBT. Does anybody know the status of the transaction? Who will be the graders?

LucyBop · March 27, 2003 8:21AM

<< Who will be the graders? >>

I'll be in charge of grading all the Frankies!!!!

jamesfsm · March 27, 2003 8:26AM

Actually, I asked about the graders because I assume that Mr. Briggs wants "out" of the grading biz. I was wondering if TBT had his own graders or whatnot.

jbsteven · March 27, 2003 8:44AM

can someone tell me who TBT is that you are referring to?

gsaguy · March 27, 2003 8:45AM

JB....the TBT we all know and love.

GSAGUY

jbsteven · March 27, 2003 8:46AM

umm speechless

paigowjohnny · March 27, 2003 8:48AM

<< I'll be in charge of grading all the Frankies!!!! >>

Now seriously...how many days could you go on grading Frankies (or any other single series for that matter) without going psycho. ???

jamesfsm · March 27, 2003 8:51AM

Yes, Texas Bullion Traders is TBT. TBT announced a while back that it had negotiated to buy SEGS and/or the assets of SEGS and that the "new SEGS" would focus, in part, on grading toned coins and detection of AT.

Since the early announcement, not much has been stated. I was curious if the plan was becoming reality.

nwcs · March 27, 2003 8:55AM

I believe when TBT said that, he said he was in negotiations to do it. Nothing was final yet. And I remember him mentioning his child's health as being a primary concern (as it should be). So I hope all's well with his youngin' and if he still likes SEGS, I'm sure it'll come to pass.

Neil

braddick · March 27, 2003 9:38AM

I've got a bunch of stuff in with SEGS right now. I'd be embarrassed if Bryan saw them!

Please: SEGS grade my "coins" before TBT's takes over...

stman · March 27, 2003 11:07AM

<< Who will be the graders? >>

Maybe Nick?

rainbowroosie · March 27, 2003 11:20AM

I'll grade all the Roosevelts, and back-up the senior Franklin grader...TomB can grade moderns....Nick Cascio can do Mercs -- just keep him away from the Roosies!!!!

KlectorKid · March 27, 2003 11:21AM

I'll grade my coins!!!

onlyroosies · March 27, 2003 11:37AM

Bill, I didn't see your name on the list, I already signed on to do the Roosies......

rainbowroosie · March 27, 2003 11:39AM

Nick,
Problem is we want them graded "properly!"

Russ · March 27, 2003 11:54AM

<< I believe when TBT said that, he said he was in negotiations to do it. Nothing was final yet. >>

That's correct.

Russ, NCNE

nwcs · March 27, 2003 11:56AM

Heck, after a few sessions at the ANA grading seminar (meaning times the class was taken) and some live experience, I think anyone would be qualified to grade a couple series well enough. I think it's a mistake to think that ordinary people can't be trained to grade well. To me, the difference between the professional and amateur is that the professional has broader experience and knows the variances and nuances of each coin series and is more consistent. Still, a person can learn with some training and experience to grade quite well for many coins.

NumisEd · March 27, 2003 12:37PM

TBT is not going to buy SEGS.

braddick · March 27, 2003 1:00PM

<< TBT is not going to buy SEGS. >>

Tonekiller · March 27, 2003 1:20PM

<< TBT is not going to buy SEGS. >>

Agreed.

jamesfsm · March 27, 2003 1:37PM

Sad. Have to agree with Braddick here. I was hoping TBT would start a service geared toward slabbing toned coins and weeding out the artificial ones. It seemed like a good idea.

Maybe, TBT might consider a proprietary slab for the coins it sells since most of them are toned in some very nice manner.

Tonekiller · March 27, 2003 1:55PM

<< Maybe, TBT might consider a proprietary slab for the coins it sells since most of them are toned in some very nice manner. >>

We already have that in place.....PCGS, NGC, and ANACS.

TBT

jamesfsm · March 27, 2003 2:36PM

I sort of meant something like Rick Snow's photoseal. Or, otherwise stated, some indication (proprietary slab or sticker on third party slab) to the effect that you think the toning is real/not AT.

relayer · March 27, 2003 5:25PM

If they're smart, they'll try a hostile takeover of the Pushkin Gradng Service

Did TBT buy SEGS??

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